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Sunday, March 14, 2010
China Minzhong To List In Singapore, May Raise Around S180 Million
By Costas Paris
Dow Jones Newswires
SINGAPORE -(Dow Jones)- China Minzhong Corp. Ltd. launched late Friday a preliminary prospectus with the Monetary Authority Of Singapore for a listing on the island state's main board and a person familiar with the situation said Monday the company expects to raise around US$180 million.
Minzhong, a food processor based in Fujian, is 32.6% owned by the Government Of Singapore Investment Corp.
J.P. Morgan, Kim Eng Corporate Finance and Macquarie Securities are the initial public offering's underwriters.
Copyright © 2009 Dow Jones Newswires
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